Zhitong Finance App News, China Childcare Network (01736) issued an announcement. On April 26, 2024 (after the transaction period), the company entered into a placement agreement with the placement agent. According to this, and subject to its terms and conditions, the placement agent agreed to act as the placement agent to act as the company's agent to induce the undertaker to purchase a maximum of 576.104 million placed shares at the placement price in accordance with the terms and conditions set forth in the placement agreement. The placement price was discounted by approximately 11.75% from the closing price of the shares at HK$0.057 per share on the date of the placement agreement.

The net proceeds from the placement will be approximately HK$2.8 million. Based on this calculation, the net price of each placed share would be approximately HK$0.0486.